SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced that it has entered into an accelerated share repurchase (“ASR”) agreement with Bank of America, N.A. (the “dealer”) to repurchase $1.5 billion of shares of Uber common stock, as part of its previously announced $7.0 billion share repurchase authorization. “We are entering 2025 with considerable momentum… Continue reading Uber: Uber Announces $1.5 Billion Accelerated Share Repurchase Program
Tag: Uber
Car rental app Turo grew quietly before ties to Wednesday’s Cybertruck incident
The app functions similarly to Airbnb, where “hosts” can put their cars on the Turo marketplace to be rented by users. For nearly 15 years, Turo, the car rental app investigators say was used in the deadly attack in New Orleans and the vehicle explosion at the Trump International Hotel in Las Vegas, quietly grew… Continue reading Car rental app Turo grew quietly before ties to Wednesday’s Cybertruck incident
Maharashtra government rings in 2025 with plans for bike taxis and maxi cabs
As part of a 100-day plan to improve the state’s transport system, Chief Minister, Devendra Fadnavis recently announced that, Maharashtra will introduce bike taxis and maxi taxis in 2025, which are shuttle services that can carry 10-12 passengers. While the maxi taxi project intends to serve satellite cities and rural areas within Maharashtra, the bike… Continue reading Maharashtra government rings in 2025 with plans for bike taxis and maxi cabs
The Cumulus Machine Review: Fast and Frothy Cold Brew
But, a word on oxygen. The device essentially pumps pure air (79 percent nitrogen, 20 percent oxygen) into the coffee rather than fuss with nitro cartridges. This is cool, but oxygen exposure is the known enemy of fresh-tasting coffee. After the nitro evaporated, side-by-side taste tests did show more flabby oxidation flavors in the nitro… Continue reading The Cumulus Machine Review: Fast and Frothy Cold Brew
Simplify Your Morning With a One-Step Coffee-Weighing Cup
Eyeballs are great: I have two. I also like spoons. But if you want a consistent coffee dose for great espresso or pour-over, a precise scale is the mildly inconvenient one true path. I can still remember a time when in order to weigh out my coffee beans each morning, I placed a little dosing… Continue reading Simplify Your Morning With a One-Step Coffee-Weighing Cup
How Does a Movie Projector Show the Color Black?
Courtesy of Rhett Allain But what about the colors from a video projector? It essentially does the same thing. However, instead of a bunch of tiny RGB lights, it projects RGB colors to different locations on the screen. Projecting the Color Black Now we’re ready for the fun stuff. How does a video projector shoot… Continue reading How Does a Movie Projector Show the Color Black?
Ford, General Motors, and Toyota donate $1 million each to Trump
President Trump Postlaunch Remarks (NHQ202005300080) by NASA HQ PHOTO is licensed under CC-BY-NC-ND 2.0 Ford, General Motors, and Toyota North America are donating $1 million each to incoming president Donald Trump’s upcoming inauguration. Ford and GM are throwing in a fleet of vehicles for the January 20th event, too, for good measure. Ford CEO Jim… Continue reading Ford, General Motors, and Toyota donate $1 million each to Trump
Waymo dominated U.S. robotaxi market in 2024, but Tesla and Amazon’s Zoox loom
A Waymo rider-only robotaxi is seen during a test ride in San Francisco, California, U.S., December 9, 2022. Paresh Dave | Reuters Despite General Motor’s decision to shutter its Cruise robotaxi business earlier this month, the U.S. has never been closer to a driverless future. For the autonomous vehicle industry, 2024 will be remembered as… Continue reading Waymo dominated U.S. robotaxi market in 2024, but Tesla and Amazon’s Zoox loom
Woosh Smart Air Filter Review: No More Guessing
“It’s a helpful approach to monitor the pressure drop across the filter—this is a good way to know when it’s the right time to change the filter because otherwise, there is a lot of guessing work,” Li says. She says the typical three-month replacement recommendation is based on the assumption of a 20 percent runtime… Continue reading Woosh Smart Air Filter Review: No More Guessing
Bajaj plans to target gig workers with ‘family scooter’
Bajaj’s Chetak has plans to introduce electric scooters specially designed for gig workers that double as family vehicles, recognising that delivery professionals seek both functionality and social status in their vehicles. “Gig workers don’t want a vehicle that shows them as gig workers, they want a family vehicle. We will have Chetak models which will… Continue reading Bajaj plans to target gig workers with ‘family scooter’